SBE LLC DBA Cedar Cove Wealth Partners

ITEM 5 - FEES AND COMPENSATION
Fee Schedule & Billing Method
Cedar Cove offers services on a fee basis, which may include fees based upon assets under management
or fixed fees.

  ADV Part 2A Disclosure Brochure – Cedar Cove Wealth Partners, LLC                                       6

Investment Management Services Fees
The annual management fee for our Investment Management Services is based on the total dollar value of
the assets maintained in the client account. The fee assessed and/or charged, as well as any breakpoints
for billing purposes, are based on what is stipulated in the Investment Advisory Agreement signed by each
client. This may include a minimum annual fee, which will be detailed as well.
Our annual fee ranges up to 2.0% annually and is assessed and/or charged quarterly in advance, based on
the value at the end of the prior billing period.
Fees can be structured as a fixed flat percentage, a fee on total assets in the account, a fixed flat dollar
amount, or a tiered fee schedule whereby the fee is calculated by applying different rates to different levels
of assets.
Generally, inflows and outflows of cash that are over $10,000 are considered on a prorated basis in this
calculation, with any overpayment based on the prorated fee rebated back to the Client and
underpayments owed to the Firm.

Financial Planning Fees
In addition to the advisory fees paid, we may provide financial planning services to clients, which is based
upon an analysis of their current personal and financial situations, goals, and objectives. The fee assessed
and/or charged is based on what is stipulated in the Investment Advisory Agreement signed by each client.
This may include a minimum annual fee. The Firm offers services on a fee basis, which may include fixed
fees, as well as fees based upon assets under management or advisement.

Estate Planning Coordination Fees
Clients retaining the Firm for estate planning coordination services will pay a fixed fee to cover the cost of
EncorEstate Plans. The fee is dependent upon variables including the specific needs of the client,
complexity, and resources required. The final agreed-upon fee will be outlined in the Financial Planning
Agreement and is due upfront. If deed work is requested by the Client, these fees will be paid separately
by the Client.

Other Fees and Expenses
In addition to the advisory fees paid to the Firm, clients may incur certain charges imposed by other third
parties, such as broker-dealers, custodians, trust companies, platform service providers, banks, and other
financial institutions (collectively “Financial Institutions”), that are not included in the Wrap program. These
additional charges may include fees attributable to alternative assets, reporting charges, margin costs, and
charges imposed directly by a mutual funds, ETFs, notes, and/or BDCs in a client’s account, as disclosed in
the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges, odd-
lot differentials, transfer taxes, wire transfer and electronic fund fees, estate planning fees, and other fees
and taxes on brokerage accounts and securities transactions.
For clients utilizing the Adhesion TAMP, additional advisory fees include fees charged by Adhesion for tax
overlay portfolio management, tax transition, third-party strategists, and/or asset managers. These fees
are in addition to your wrap fee arrangement.
For clients utilizing the AIM TAMP, additional advisory fees include fees charged by third-party strategists,
fees associated with the personalized index engine, and/or asset managers. These fees are in addition to
your wrap fee arrangement.

  ADV Part 2A Disclosure Brochure – Cedar Cove Wealth Partners, LLC                                           7

Direct Fee Debit
Clients generally provide the Firm with the authority to directly debit their accounts for payment of the
investment advisory fees. The Financial Institutions that act as the qualified custodian for client accounts,
from which the Firm retains the authority to directly deduct fees, are required to send statements to clients
not less than quarterly detailing account transactions, including any amounts paid to the Firm.

Account Additions and Withdrawals
As stated above, clients may make additions to and withdrawals from their accounts at any time, subject
to the Firm’s right to terminate an account. Additions may be in cash or securities, provided that the Firm
reserves the right to liquidate any transferred securities or declines to accept particular securities into a
client’s account. Clients may withdraw account assets on notice to the Firm, subject to the usual and
customary securities settlement procedures. However, the Firm generally designs its portfolios as long-
term investments, and the withdrawal of assets may impair the achievement of a client’s investment
objectives. The Firm may consult with its clients about the options and implications of transferring
securities. Clients are advised that when transferred securities are liquidated, they may be subject to
transaction fees, short-term redemption fees, fees assessed at the mutual fund level (e.g., contingent
deferred sales charges), and/or tax ramifications.

Commissions and Sales Charges for Recommendations of Securities
At this time, the Firm does not have a broker-dealer affiliation.

Termination
Either party may terminate the advisory agreement at any time by providing written notice to the other
party. The client may terminate the agreement at any time by writing, emailing, or phoning Cedar Cove at
our office. The Firm will refund any prepaid, unearned advisory fees.
Terminations will not affect liabilities or obligations from transactions initiated in client accounts prior to
termination. In the event the client terminates the investment advisory agreement, the Firm will not
liquidate any securities in the account unless instructed by the client to do so. In the event of the client’s
...

ITEM 7 - TYPES OF CLIENTS
Cedar Cove provides asset management, financial planning, and investment advisory services. Our services
are provided on a discretionary basis to a variety of clients, such as institutional investors, retail individuals,
high net worth individuals, trusts and estates, qualified purchasers, and individual participants of
retirement plans. In addition, we may also provide advisory services to entities such as pension and profit-
sharing plans, businesses, and other investment advisors.

Account Requirements
Cedar Cove does not impose a stated minimum fee or minimum portfolio value for starting and maintaining
an investment management relationship.

   ADV Part 2A Disclosure Brochure – Cedar Cove Wealth Partners, LLC                                             8